Thomas Weiss's (tommyboy1) Blog

 FHA, VA, Conforming, Non Conforming, A paper, B/C, Alt A, 1 Year Arms, Option Arms, Interest only, Negative Amortization, Pre-Pay Penalty, Fannie Mae, Freddie Mac, Buy downs, Libors, MTA's, 50 Year amortization, 10 Year Amortization, My Community Mortgage, Rate sheets, Reverse Mortgages, LTV's, ...

 Yesterday was a bad day for me, i'm not going to whine, but I am going to ask a question.My children wanted a pet for a long time, so I surprised them and my wife of course one day, with a little baby Chihuahua. The moment we got her she became one of the family almost immediately, if anything, ...

Wellington Florida has alot to offer for those who don't know..Wellington is in western Palm Beach County,in 2006  the city had over 55,000 residents and back in 2000 they had 38,000. Wellington Florida was originally the worlds largest strawberry patch : Ironically I grow fruits and vegetables w...

I have written a few posts regarding Loans that are good for the broker and not the client, and here is some more. Adjustable Rate Mortgages (A.K.A.) ARM's Are a great useful tool in Purchasing and or Refinancing, if they are utilized for the right reasons, I will list pro's and con's below for u...

Annual Percentage RatesI had recently met with a client who had a dented mortgage history recently, I saved him over $10,000 in Fees from his prior company and over 1.25% off the rate they quoted him, all on a fixed rate program. The problem is I received a phone call from him, and it was the usu...

I received an e-mail yesterday, I know that It was uplifting and sad at the same time.. Now please don't look for a punch line, there isn't one. Read on.. At a fund-raising dinner for a school that serves learning disabled children, The father of one of the students delivered a speech that would ...

If your thinking of buying or maybe refinancing, consider this when it comes to Private Mortgage Insurance Private Mortgage Insurance, is insurance that a lender requires someone to have when they are lending on a property that will have a Loan to Value over 80% Private Mortgage Insurance, protec...

This is a short one but I think it's worth writing about.. My wife tells me everyday, I know you need to work for us, I know you love to work, but when we do a vacation I don't want to hear anything about Mortgages, well I simply agreed, I mean who wants to sleep in the dog house?? Well I guess i...

I was Tagged to do another MeMe!! so I would love to tell you all Some more things about MeMe, that may or may not be interesting.*  I have numerous Licenses to raise and sell exotic animals, such as Monkey's and Exotic cats, which I had done for many years.*  I have a side job at our local amphi...

Foreclosure- Defined as a legal proceeding, initiated by a creditor to repossess the collateral for a loan which is in Default.Lis pendens- a pending lawsuit, regarding a mortgage or loan.When you feel like your going to default on a loan, you need to, Not keep it a secret, try and get some kind ...